Tag: FRS

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The Failure of US Democracy
World
The Failure of US Democracy
October 28, 2016

I am now convinced that the Oligarchy that rules America intends to steal the presidential election. In the past, the oligarchs have not cared which candidate won as the oligarchs owned both. But they do not own Trump. Most likely you are unaware of what Trump is telling people as the media does not report it. A person who speaks like this…

Can the US Federal Reserve System Be Trusted with Reserves?
March 18, 2016

According to some estimates, all the international reserves of all the countries of the world total approximately $10 trillion. The vast majority of all international reserves are held in the US…

Can the US Federal Reserve System Be Trusted with Reserves?
World
Alternative Economic Relations and the Death of Money
World
Alternative Economic Relations and the Death of Money
February 27, 2016

The central banks of the leading Western nations are flooding the global economy with money. This is most evident in the fact that after 2007-2009 financial crisis, the US Federal Reserve, the Bank of England, the European Central Bank (ECB), and other central banks began pursuing policies known as quantitative easing (QE). They began buying up debt securities (including many of low quality), pumping additional hundreds of billions of dollars, euros, pounds sterling and other currencies into circulation each year…

The Fantasy World of Central Bank Interest Rates Has Set the Stage for the Second Wave of the Global Financial Crisis
February 10, 2016

Starting from February, deposits made with the Bank of Japan began to accrue negative interest. The interest rate at the Central Bank of Japan now stands at minus 0.1%. This is no longer seen as shocking. The central banks in developed countries began backing into the negative zone for passive operations several years ago…

The Fantasy World of Central Bank Interest Rates Has Set the Stage for the Second Wave of the Global Financial Crisis
World
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International Finance: Legacy of 2015
World
International Finance: Legacy of 2015
January 5, 2016

Despite their varied nature, when viewed as a whole, the mechanisms at work in 2015 in international finance were so significant that they could alter the entire architecture of the global financial system in 2016. And it is unlikely that there is along period of transition ahead. Chances are that the global financial transformation will happen quickly and dramatically…

«Gratuitous Democracy» or «Banking Concentration Camp»
June 2, 2015

The news I’m talking about was reported by media in May. Not a big thing at first glance, certainly not a thing to hit radar screen. But the devil is in the details. Some interesting events took place in Scandinavia. The Danish government proposed exempting certain shops from the obligation to accept cash payments in a move seen as pushing the country a step closer to a «cash-free» economy. Businesses such as clothing retailers, gas stations and restaurants will no longer be required to accept cash next year, the government of Denmark said on May 6. The move comes as part of a pre-election package of economic growth measures aimed at reducing costs and increasing productivity for businesses. Many stores in Sweden do not accept cash but only debit or credit cards. Now a buyer with full pockets of cash will leave a Swedish and Danish shop empty handed…

«Gratuitous Democracy» or «Banking Concentration Camp»
Business
Banks Rule the World, but Who Rules the Banks? (II)
Business
Banks Rule the World, but Who Rules the Banks? (II)
May 15, 2015

…Here we can recall a study by specialists from the Zurich Institute of Technology in Switzerland, the aim of which was to reveal the controlling core of the global economic and financial system. In 2011, the Swiss specialists calculated that there were 1,128 companies and banks at the core of global finance at the beginning of the financial crisis (2007). An even denser core of 147 companies was revealed within this conglomerate. The authors of the study estimated that this smaller core controlled 40 per cent of all corporate assets in the world…

Banks Rule the World, but Who Rules the Banks? (I)
May 14, 2015

These days, it is already a truism that the hegemony of the US is based on the Federal Reserve System’s (FRS) printing press… During the 2007-2009 global financial crisis, the FRS quietly gave out more than $16 trillion worth of credit (virtually interest free) to various banks. The owners of the money gave out the credit to themselves, that is to the main shareholder banks of the Federal Reserve… While the makeup of the Federal Reserve’s main shareholders is more or less clear, however, the same cannot be said of the shareholders of those banks who essentially own the FRS’ printing press. Who exactly are the shareholders of the Federal Reserve’s shareholders?..

Banks Rule the World, but Who Rules the Banks? (I)
Business
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